About 80% of cars made in Britain are destined for export markets. In 2017 vehicles made for overseas markets fell 1.1% to 1.33m, while those made for sale in the UK fell 9.8% to 336,628. The EU is the UK’s biggest export market for cars, with more than half of all exports destined for the single-currency bloc. … [Read more...] about UK car production falls for first time since 2009 as Brexit fears hit sales
Brexit delay halloween
“While there are undoubtedly weaknesses in the operation of some EU policies on energy and climate change, notably the EU emissions trading system, the secretary of state, Greg Clark, acknowledged that cooperation with EU partners was generally mutually beneficial. The UK has consistently been a driver of high standards and ambitious climate change targets.” … [Read more...] about Britain’s energy supply is in jeopardy after Brexit, warn MPs
Manufacturing firms in particular are unlikely to be ready for the end of the transition period with a lack of clarity on rule changes a bigger impediment to Brexit preparation than the need to focus on the coronavirus pandemic, according to research from the Institute of Directors. … [Read more...] about Three in four UK firms unprepared for Brexit, study shows
The North Sea Link interconnector is expected to mostly be used for exporting hydro power from Norway to the UK when complete in 2020, after Brexit, but will also export surplus wind power from Britain in the other direction. “The moral of the story is there is enough economic interest on both sides that it will easily withstand the fact that the UK now leaves the EU,” Lont said. … [Read more...] about Brexit and energy: does ‘taking back control’ mean losing power?
In a letter, the UK's Ambassador to the EU, Sir Tim Barrow, wrote: "The UK government has decided on this occasion not to join this internal EU initiative, but given our shared interest in ensuring that vaccines are available to all, we are committed to strengthening our collaboration with the EU outside the framework." … [Read more...] about Boris Johnson turns down EU vaccine scheme over ‘fear of delays’